Edgewood believes Reddit has a significant monetization runway because average revenue per user remains far below Meta and only modestly above several smaller social platforms…
RDDT
Which hedge funds are long RDDT?
3 published ideas on Reddit across 2 funds — 3 long and 0 short.
Each entry below comes from a hedge fund's own investor letter, not a 13F filing, so it carries the reasoning behind the position on Reddit: the full thesis, the risks the manager flagged, the conviction level and the time horizon. Positions may have changed since the letter was written.
Funds with a position view
Long theses
LongRDDTJun 2026
LongRDDTJun 2026
Edgewood believes Reddit remains materially undermonetized relative to larger social platforms, with room to increase ad load, monetize search and move further into performance…
LongRDDTJun 2026
Edgewood believes Reddit remains materially undermonetized relative to larger social platforms, with room to increase ad load, monetize search and move further into performance…